Why crowdfunding platforms won't protect you

Why crowdfunding platforms won't protect you
Jake Bezzant in a video spruiking Invisible Urban Charging. Bezzant resigned as a director of the company after he was embroiled in a scandal. (Source: Screenshot)
Dan Brunskill
Large contract claims in the marketing of an investor drive have highlighted the importance of investors taking care on crowdfunding platforms.The sites hosting such fundraising events make it clear it’s ‘investor beware’ as they have few legal obligations and some make little or no effort to vet the information provided by those raising capital. While the relaxed rules are intended to make it easier for startups and investors alike, some people are asking questions.BusinessDesk understands some investors have become nerv...

More Finance

New funding agency to 'supercharge' social housing
Finance

New funding agency to 'supercharge' social housing

The Community Housing Funding Agency wants to address a $14 billion problem.

Oliver Lewis 25 Nov 2024
December interest rate cut uncertain: Fed governor
Finance

December interest rate cut uncertain: Fed governor

Lisa Cook says the timing of further reductions will depend on new data.

Bayly to banks: ‘Just get on with it’
Finance

Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly is impatient for the changes needed to improve competition.

Ben Moore 20 Nov 2024